Cho Hyun-joon positions Hyosung Heavy Industries for US power boom
Hyosung Heavy Industries is strengthening its foothold in the U.S. power infrastructure market as soaring electricity demand from artificial intelligence (AI) data centers and efforts to replace aging power grids drive a rapid expansion of the country's power infrastructure. The company said Tuesday that its localization strategy, spearheaded by Hyosung Group Chairman Cho Hyun-joon, is beginning…
Hyosung Heavy Industries is positioning itself to capitalize on the burgeoning U.S. power infrastructure market, driven by the exponential growth of AI data centers and the urgent need to upgrade the country's aging power grids. In a strategic move spearheaded by Hyosung Group Chairman Cho Hyun-joon, the company is capitalizing on the burgeoning demand for ultra-high-voltage power equipment in the United States.
Cho Hyun-joon has emphasized the critical role of power infrastructure in the rapid advancement of AI technologies, urging Hyosung Heavy Industries to become a game-changer in the power infrastructure sector, revolutionizing global industries. With the U.S. expanding its 765-kilovolt (kV) ultra-high-voltage transmission network to accommodate the escalating electricity demand, including from AI data centers, Hyosung Heavy Industries currently holds nearly half of the U.S. market for 765kV ultra.
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- Cho Hyun-joon positions Hyosung Heavy Industries for US power boom koreatimes.co.kr
